By Admin 
- Motilal Oswal has set a target of Rs 1,260 on PNB Housing Finance.
- Target of Rs 470 for Cyient DLM, improvement from defense order.
- Buy advice on HCL Tech, target Rs 1,650.
- Bet on selected shares of financial, technology, defense sectors.
Motilal Oswal Stock Recommendations: Amidst the quarterly results of companies, domestic brokerage firm Motilal Oswal is bullish on some selected stocks. In its new report, the brokerage has placed its bets on some company shares related to technology, financial services and defense sectors.
According to the report, even though these stocks are facing pressure in the short term, the brokerage firm is confident that investors can get benefits due to better earnings and new order book. Let us know about some such shares.
PNB Housing Finance Share
Brokerage house Motilal Oswal has shown a positive attitude towards the shares of PNB Housing Finance Ltd and has advised investors to buy it. The firm has kept its target price at Rs 1,260 per share, which indicates a possible upside of about 18 percent from the current level.
If we look at the financial results of the company, the profit has increased to Rs 229 crore in FY26. This is an increase of 18 percent on annual basis. Even in the fourth quarter, the company’s profit was around Rs 780 crore. Also, margins remain stable and there is no significant problem in asset quality at present.
Cyient DLM Ltd Share
Brokerage firm Cyient is bullish on the shares of DLM Ltd. The firm has set its target price at Rs 470 per share, which indicates an upside of about 31 percent from the current level.
If we look at the financial figures of the company, the revenue for the fourth quarter has declined to Rs 370 crore. The reason behind this is being said to be temporary blockage in defense and aerospace orders. However, the brokerage firm expects the situation to improve from the next financial year after receiving new orders.
Trust in HCL Tech remains intact
Domestic brokerage Motilal Oswal has continued its buying advice on the shares of HCL Technologies Ltd. The firm has fixed its target price at Rs 1,650. Which shows the possibility of an increase of about 15 percent from the current level.
Disclaimer: (The information provided here is being given for information only. It is important to mention here that investment in the market is subject to market risks. Always take expert advice before investing money as an investor. ABPLive.com never advises anyone to invest money here.)
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